Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
S&P GSCI COTTON DYNAMIC ROLL INDEX ER (CME:SPDYCTP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPDYCTP
The long term trend has been DOWN since Sep 18th, 2018 at 41.4341
The intermediate term trend has been UP since Dec 2nd, 2018 at 40.1632
The short term trend has been DOWN since Dec 6th, 2018 at 39.9248
Smart Scan Analysis for SPDYCTP
Based on a pre-defined weighted trend formula for chart analysis, SPDYCTP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||48.7088||52wk High Date||2018-06-08|
|52wk Low||36.5806||52wk Low Date||2017-12-07|